Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sets New 12-Month High – Should You Buy?

Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $72.74 and last traded at $72.67, with a volume of 1607569 shares trading hands. The stock had previously closed at $71.25.

Vanguard FTSE Europe ETF Price Performance

The stock has a market capitalization of $26.32 billion, a price-to-earnings ratio of 17.59 and a beta of 0.99. The firm has a 50-day moving average of $66.98 and a 200 day moving average of $67.64.

Hedge Funds Weigh In On Vanguard FTSE Europe ETF

A number of hedge funds have recently added to or reduced their stakes in VGK. Atlantic Edge Private Wealth Management LLC bought a new position in Vanguard FTSE Europe ETF in the 4th quarter valued at approximately $27,000. Modus Advisors LLC bought a new stake in Vanguard FTSE Europe ETF during the 4th quarter worth $27,000. Delos Wealth Advisors LLC acquired a new position in Vanguard FTSE Europe ETF in the 3rd quarter worth about $33,000. Topsail Wealth Management LLC acquired a new position in Vanguard FTSE Europe ETF in the 4th quarter worth about $36,000. Finally, Quent Capital LLC bought a new position in Vanguard FTSE Europe ETF in the fourth quarter valued at about $39,000.

Vanguard FTSE Europe ETF Company Profile

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index.